PPP Loan information for Precision franchising inc

$2,427,210

Precision franchising inc was initially approved for PPP Loan of amount $2,427,210, the current approved amount is $2,427,210. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 259 jobs and $2,427,210 was used to fund payroll.

Precision franchising inc is Unanswered

PPP Loan Search / NC / CARY / Precision franchising inc

PRECISION FRANCHISING INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PRECISION FRANCHISING INC

Borrower Address

106 Woodwinds Industrial Ct

Borrower City

CARY

Borrower State

NC

Borrower Zip

27511

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2427210.00

Current Approval Amount

2427210.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CARY

Project County Name

WAKE

Project State

NC

Project Zip

27511-0022

CD

NC-02

Jobs Reported

259

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2427210.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2457998.99

Forgiveness Date

07/26/2021

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